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Cryptocurrency crash causes trillions of dollars worth of damage - 60 Minutes AustraliaThere have been several notable crypto bankruptcies over the years. The most noteworthy was the Mt. Gox exchange, which went bankrupt in after succumbing. Cryptocurrency exchange Bittrex filed for bankruptcy on May 8, becoming the second largest platform for buying and selling coins to fail. FTX: The collapse of FTX, the world's second largest crypto exchange, shocked the world in November. Founder Sam Bankman-Fried was arrested.
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